Clifford Chance advised Mizuho Bank and Sumitomo Mitsui Banking Corporation on the US$396 million financing for the expansion of the Line 1 of Lima’s metro.
Line 1 will make improvements to civil infrastructure and rolling stock, including trains and cars that will be designed, built, operated and maintained by the concessionaire GyM Ferrovías S.A., owned by Graña y Montero S.A.A. and Ferrovías as Participaciones S.A.
Clifford Chance previously advised on the financing of Line 2 of the Lima and Callao Metro project in Peru, which was the largest international financing of a Peruvian infrastructure project.
Partner Gianluca Bacchiocchi led the team which included associates from the Amsterdam, New York and Brazil offices.